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The Complexities of the Interface between Agricultural Policy and Trade

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  • Schmitz, Troy G.
  • Schmitz, Andrew

Abstract

Tariff and non-tariff barriers are widespread as applied to agricultural trade. The theory of gains from trade considers the impacts of free trade relative to no trade and to non-tariff barriers, while the theory of agricultural policy generally places little weight on the international trading sector. However, it is necessary to combine agricultural policy with the international trading sector so that agricultural policy instruments such as price supports are considered together with barriers to trade such as tariffs. This is possible within the context of welfare economics when considering the costs and benefits of alternative agricultural and trade policies.

Suggested Citation

  • Schmitz, Troy G. & Schmitz, Andrew, 2012. "The Complexities of the Interface between Agricultural Policy and Trade," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 13(1), pages 1-12, February.
    • Handle: RePEc:ags:ecjilt:120424
    DOI: 10.22004/ag.econ.120424
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    References listed on IDEAS

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    1. Schmitz, Troy G & Schmitz, Andrew & Dumas, Chris, 1997. "Gains from Trade, Inefficiency of Government Programs, and the Net Economic Effects of Trading," Journal of Political Economy, University of Chicago Press, vol. 105(3), pages 637-647, June.
    2. Du, Xiaodong & Hayes, Dermot J., 2009. "The impact of ethanol production on US and regional gasoline markets," Energy Policy, Elsevier, vol. 37(8), pages 3227-3234, August.
    3. Schmitz Andrew & Moss Charles B. & Schmitz Troy G., 2007. "Ethanol: No Free Lunch," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 5(2), pages 1-28, December.
    4. Schmitz, Andrew & Schmitz, Troy G., 2010. "Benefit-Cost Analysis: Distributional Considerations under Producer Quota Buyouts," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 1(1), pages 1-15, July.
    5. Paul R. Johnson, 1965. "The Social Cost of the Tobacco Program," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(2), pages 242-255.
    6. Xiaodong Du & Dermot J. Hayes, 2008. "Impact of Ethanol Production on U.S. and Regional Gasoline Prices and on the Profitability of the U.S. Oil Refinery Industry, The," Center for Agricultural and Rural Development (CARD) Publications 08-wp467, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    7. Powell, Stephen J. & Schmitz, Andrew, 2005. "The Cotton and Sugar Subsidies Decisions: WTO's Dispute Settlement System Rebalances the Agreement on Agriculture," Technical Papers 15640, University of Florida, International Agricultural Trade and Policy Center.
    8. Maury Bredahl & Andrew Schmitz & Jimmye S. Hillman, 1987. "Rent Seeking in International Trade: The Great Tomato War," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(1), pages 1-10.
    9. Schmitz Andrew & Schmitz Troy G., 2010. "Benefit-Cost Analysis: Distributional Considerations under Producer Quota Buyouts," Journal of Benefit-Cost Analysis, De Gruyter, vol. 1(1), pages 1-15, July.
    10. Schmitz, Andrew & Schmitz, Troy G. & Seale, James L., Jr., 2004. "The Optimal Processor Tariff Under the Byrd Amendment," Technical Papers 15638, University of Florida, International Agricultural Trade and Policy Center.
    11. James Vercammen & Andrew Schmitz, 1992. "Supply Management and Import Concessions," Canadian Journal of Economics, Canadian Economics Association, vol. 25(4), pages 957-971, November.
    12. Schmitz, Andrew & Schmitz, Troy G., 2010. "Benefit-Cost Analysis: Distributional Considerations under Producer Quota Buyouts," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 1(01), pages 1-15, July.
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    Cited by:

    1. Carl GAIGNÉ & Cathie LAROCHE DUPRAZ & Alan MATTHEWS, 2015. "Thirty years of European research on international trade in food and agricultural products," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 96(1), pages 91-130.
    2. Troy G. Schmitz, 2018. "Impact of the Chinese embargo against MIR162 corn on Canadian corn producers," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 66(4), pages 571-586, December.
    3. Schmitz Andrew & Seale James L. & Chegini Claudine, 2019. "Japanese Beef Tariffs: Beef Quality, Farm Programs, and Producer Compensation," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 17(2), pages 1-15, November.

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